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ss chapter 11 test
chapter 11 test
| Question | Answer |
|---|---|
| Stock exchange | An organized system for buying and selling shares in corporations |
| Default | Fail to meet loan payment |
| Relief | Aid for the needy provided by charities and churches |
| Public works | project such as highways, parks, and libraries, to create new jobs |
| Decline | To drop |
| Collapse | Break down |
| Many investors bought stocks ______________ because they lacked money. This means they bought stocks with loans | On margin |
| As stock sales made prices _____________, brokers demanded loan repayment from investors who bought on _____________, which forced them to _____________ their stock, setting off further decline | Fall, margin, sale |
| Panicked traders sold almost __________ million shares on October 24, 1929. That day became known as "_______________________" | 13, Black Thursday |
| In the 1930s, The U.S. went into a severe economic depression known as the ________________________ | Great Depression |
| Factors that brought on the Great Depression | Unbalanced U.U. Economy, buying more margin, panic selling, over production, credit crisis, loan defaults. Stock market crash |
| In 1932, _______________% of American workers were unemployed | 25 |
| Impact the Great Depression had on unemployment | Farm income and industrial production declined Decline in employment, hours worked, wages earned |
| Some unemployed people sold _________________ for extra money. | Apples |
| In the early 1930s, many communities of homeless Americans were referred to as "__________________________" because president Hoover opposed direct fedrel assistance for the unemployed. | Hoovervilles |
| President Hoover believed that the Great Depression was temporary and prosperity was "_______________________________" | Just around the corner |
| Work relief | Programs giving needy people jobs in government |
| Promote | Help advance |
| Generate | Create |
| Many felt FDR was prepared to take on the challenge of becoming president because of his strong __________________________ skill, his term as _________________& ___________________, and his leadership in forming the ____________________ to help him guide | Persuasive, senator, governor, Brain Trust |
| President Franklin Roosevelt had radio chats called the ______________________ to reassure people bout the future of the economy and gain the public's _____________________ | Fireside chats, confidence |
| The Hundred Days is a time period were Roosevelt's proposals for new economic programs were quickly | Approved by congress |
| The FDR's program was called _____________________. these were aggressive reforms to deal with the Great Depression | New Deal |
| Work Relief programs allowed people to earn _________________, which they ________________ to support their families which put money back into the __________________ | money, spend, economy |
| The National Indusrial Recovery Act was desiged to help ___________________ regulate itself | business |
| One result of the New Deal is that it increased the power of the _____________ government. It is associated with the idea that the government must take responsibility for helping those in need | Federal |
| Migrant worker | moved from place to place to harvest fruits and vegetables |
| Fascist | person with extremely nationaltistic views |
| The Depression changed daily life for women | found work outside home for wages,worked harder at home, started own businesses |
| the ____________________ was envionmental disaster in the southern Great Plains | Dust Bowl |
| _______________________ are farmers who move from place to place to harvest fruits and vegetables | migrant workers |
| the ___________________________ was a group of advisors to President Roosevelt that allowed greater voice in government for African American | Black Cabinet |
| Indian Reorganization Act of 1934 | restored tribal government, provided money for land purchases tp enlarde some reservations |
| as the Great Depression deepend, resentment againinst__________________ grew and many lost their jobs | Mexican-American |
| __________________ attracted some Americans because they advocated extremeand immediate change | Communism |
| 2 trends in enterainment & the arts | escapism and social criticism |
| _____________________ was a photographer who took gripping photographs of migrant workers | Dorothea Lange |
| _____________ & _____________ were painters who showed ordinary people facing hardships of the Great Depression | Grant Wood, Thomas Hart Benton |
| pension | a sum paid regularly to a person usualy after terretirement |
| unemployment insurance | payments to people who lost their jobs |
| scheme | plan |
| walfare | standard care; well-being |
| in general, the ______________ world opposed the New Deal. they felt Roosevelt spent too much__________________, and they viewed the government's expansion of power as a threat to _________________________ | Business, money, individual liberty |
| however, other critics felt as if Roosevelt hadn't__________________ | gone far enough |
| ___________________ had a plan called "share our wealth plan", which called for ______________________ and then using that money to give every American a home and $2,500 a year. he was _____________________ in 1935 | Huey long, taxing the rich hearvily, assassinated |
| in 1935, president Roosevelt launched a new set of program and reforms, often called the ________________ | second new deal |
| the laws passed at this time changed American life even more than the ______________ had done. | hundred days |
| in 1935, ___________% of people were still unemployed. congress created the _____________ to give people jobs and help the country. | 20, work progress administration |
| the _____________________ act created a tax on workers and employers and use that money to provide monthly pensions for old Americans who were retired | social security |
| starting in 935, _______________ court began to declare many of the New Deal legislation | supreme, unconstitutional |
| FDR's court packing plan was criticized beacuse fuilling the new positions with peple who supported the New Deal would ruin the system of ____________________ | checks and balances |